Press release
Intelligent Pump Market Ensure Growth Prospects to Reach $2.1 Billion by 2031
Market Dynamics:Commonly observed types of intelligent pumps are centrifugal and positive displacement pumps. The centrifugal segment accounted for the largest intelligent pump market share in 2021, owing to its wide usage in water and low viscosity fluid pumping.
The intelligent pump market size was valued at $1 billion in 2021, and is estimated to reach $2.1 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031.
Download Updated Sample PDF: https://www.alliedmarketresearch.com/request-sample/A17063
Driving Demands:
The market is analyzed with respect to different components incorporated by a typical intelligent pump, which includes pumps and control systems. The control systems segment is expected to witness growth with high CAGR, owing to its increased sales with each iteration in technology. By end-user industry, it is based on industrial and building solutions.
The industrial segment registered high revenue in 2021. Furthermore, the market is mainly driven by increase in demand for wastewater treatment and rise in oil & gas sector, fueled by the risen energy demands. However, high initial cost and fluctuating cost of raw materials used for constructing intelligent pumps constraint the growth of the intelligent pump industry.
In 2021, Asia-Pacific dominated the global intelligent pumps market, in terms of revenue, followed by North America and Europe. Moreover, the market in LAMEA is expected to grow with high CAGR, owing to growth in oil & gas and manufacturing industries.
Interested in this Report? Enquire Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A17063
Top Players:
The key players in the intelligent pumps market are launching new and advanced products to sustain the harsh competition in the market. For instance, in March 2021, KSB SE & Co. KGaA launched hardware version of KSB guard smart monitoring solutions for pumps and other rotating equipment, used in potentially explosive atmospheres. This solution can easily be retrofitted in the existing pumps solutions.
Key companies profiled in the intelligent pump market forecast report include ABB, All Pump Solutions, Armstrong Fluid Technology, Circor International, Inc., Flowserve Corporation, Grundfos Holding A/S, Ingersoll Rand Inc., ITT Inc., Ketek Group, Kirloskar Brothers Limited (India), KSB SE & Co. KGaA, Sulzer Ltd., Unico LLC., Wanner International Ltd. (Hydra-Cell), Wilo SE, Xylem Inc., and Yaskawa Electric Corporation.
Request For Customization with This Report: https://www.alliedmarketresearch.com/request-for-customization/A17063
Key findings of the Study
The report provides an extensive analysis of the current and emerging intelligent pump market trends and dynamics.
By type, the centrifugal segmented accounted the highest market in terms of revenue in 2021.
By component, the control systems shore segment is expected to grow at a higher CAGR during the forecast period.
By end-user industry, the industrial segment registered highest revenue in 2021.
LAMEA is projected to register highest growth rate in the coming years.
The key players within the intelligent pumps market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the intelligent pumps industry.
The intelligent pump market report provides an extensive analysis of the current trends and emerging opportunities.
In-depth intelligent pump market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Intelligent Pump Market Ensure Growth Prospects to Reach $2.1 Billion by 2031 here
News-ID: 3667772 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Int
Transmission Oil Pump Market Is Thriving Worldwide with Stackpole Int., TRW, Mag …
The global transmission oil pump market is segmented based on product, application, and geography. The product segment includes fixed displacement and variable displacement pumps. The market based on application includes passenger and commercial vehicles. Geographically, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (India, China, Japan, Australia, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Brazil…
What's driving the Orthophosphate Market growth? Key Players are: Aditya Birla C …
The global market size of Orthophosphate is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Orthophosphate Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Orthophosphate industry.
Get Sample Copy of…
Global Damper Pulley Market 2017 - Gates, JTEKT, Vibracoustic, INT, Horschel
The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Damper Pulley industry development trends and marketing channels are analyzed.
Global Damper Pulley Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market…
nablet and Suntrade Int. sign distribution agreement
Aachen - Taipei, April 13, 2012. nablet GmbH and Sun Trade International Ltd.(Suntrade) have signed a distribution agreement and strategic partnership. Under this agreement Suntrade will act as a distributor for nablet products in Taiwan, Hong Kong and other countries in Asia Pacific.
As a strategic partner, Suntrade will also represent selected nablet partners in the same region.
"Suntrade has been a long time trusted partner", says Muzaffer Beygirci, CEO nablet. "Franklin…
Int Op: The Dr Phil...of Chiropractic Scams?
For Immediate Release
Contact: Alyssa Joy
703-589-8960
alyssa@allenmediastrategies.com
This Dr. Phil isn't a household name-yet-but in the more shady chiropractic circles, he is persona non grata. Out to expose the myths, scams, and malpractice procedures used by many of his colleagues, Dr. Phil Yamamoto refuses to remain silent while patients are manipulated, frightened, and given misinformation by chiropractors across the US (and beyond).
Ask Dr. Phil:
--What primary three lies patients are told on their…
Int Opp: Public Fascination with Charlie Sheen, with Beverly Flaxington
News surrounding Charlie Sheen's downward spiral only continues to increase. He has been given a restraining order to stay more than a hundred feet from his estranged wife and twin boys, has lost his longtime publicist, and has caused CBS to end current filming of "Two and a Half Men".
Americans can't seem to see enough of his bizarre behavior. ABC's "20/20" interview of Sheen gave the network the…
